President Trump on Wednesday settled a lawsuit that will require Meta to pay about $25 million, most of which will fund a presidential library, multiple outlets reportedand a source familiar confirmed to Axios.

Why it matters: Meta shut down Trump’s Facebook and Instagram accounts for about two years after the Jan. 6 Capitol riot. However, since Trump’s reelection, CEO Mark Zuckerberg has cozied up to the new administration.

  • nicgentile
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    1716 hours ago

    I’m not a lawyer but does this not set a precedent for others in the same predicament to follow?

    • @ReallyActuallyFrankenstein
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      1816 hours ago

      It doesn’t set any binding legal precedent, but it does send a message that has similar practical effects.